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Jul 11, 2018

After-hours buzz: AVGO, CA & more I CNBC

After-hours buzz: AVGO, CA & more

Chloe Aiello

Patrick Fallon | Bloomberg | Getty Images

Broadcom Corp. signage is displayed outside of the company's headquarters in Irvine, California.

Check out the companies making headlines after the bell:
Shares of Broadcom fell as much as 6 percent in the extended session, after the Wall Street Journal reported
the chipmaker was nearing a deal to acquire New York-based software
company CA Technologies. The $18 billion deal could help diversify
Broadcom, and mark a strategic win for the company following its failed
takeover bid for rival Qualcomm.
Shares of the reported acquisition target, CA Technologies, soared as much as 16 percent after the report.Bank of the Ozarks
fell more than 3 percent in after-hours trading. The national bank
chain reported second quarter earnings of 89 cents, which fell in-line
with Wall Street expectations, but missed on revenue. Bank of the Ozarks
reported revenue of $252 million versus the $256 million analysts
projected.Box
stock fell 1 percent after the bell, before recovering those losses.
The cloud-based file sharing company has had a tremendous 2018, gaining
more than 24 percent year-to-date. Box was hovering around $26.30 per
share after hours, according to FactSet.

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